Robeco Institutional Asset Management B.V. cut its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM – Free Report) by 7.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,822 shares of the insurance provider’s stock after selling 1,332 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.69% of White Mountains Insurance Group worth $32,003,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors also recently made changes to their positions in WTM. Fiduciary Management Inc. WI grew its holdings in shares of White Mountains Insurance Group by 46.2% during the 1st quarter. Fiduciary Management Inc. WI now owns 71,795 shares of the insurance provider’s stock valued at $138,264,000 after purchasing an additional 22,681 shares during the last quarter. Cooke & Bieler LP boosted its position in White Mountains Insurance Group by 60.4% during the 1st quarter. Cooke & Bieler LP now owns 54,652 shares of the insurance provider’s stock worth $105,249,000 after buying an additional 20,582 shares during the period. Nuveen LLC acquired a new stake in White Mountains Insurance Group during the 1st quarter worth approximately $14,964,000. T. Rowe Price Investment Management Inc. boosted its position in White Mountains Insurance Group by 8.2% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 62,466 shares of the insurance provider’s stock worth $120,298,000 after buying an additional 4,711 shares during the period. Finally, Victory Capital Management Inc. boosted its position in White Mountains Insurance Group by 39.3% during the 1st quarter. Victory Capital Management Inc. now owns 16,091 shares of the insurance provider’s stock worth $30,988,000 after buying an additional 4,543 shares during the period. 88.65% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “hold (c+)” rating on shares of White Mountains Insurance Group in a research report on Saturday, September 27th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, White Mountains Insurance Group presently has an average rating of “Hold”.
White Mountains Insurance Group Stock Up 10.7%
Shares of NYSE WTM opened at $1,842.21 on Friday. The company has a market capitalization of $4.74 billion, a P/E ratio of 23.07 and a beta of 0.31. White Mountains Insurance Group, Ltd. has a 52-week low of $1,648.00 and a 52-week high of $2,023.00. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 0.81. The company’s 50 day moving average price is $1,778.56 and its 200-day moving average price is $1,786.36.
White Mountains Insurance Group Profile
White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through HG Global/BAM, Ark/WM Outrigger, Kudu, and Other Operations segments. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services.
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